Công văn 2956/NHNN-CSTT của Ngân hàng Nhà nước Việt Nam về việc kiểm soát hoạt động tín dụng năm 2011

To:

- Credit Institutions

- Foreign bank’s branches

In order to control the credit activity in 2011 in line with the Resolution No. 11/NQ-CP dated 24 February 2011 of the Government and the Directive No. 01/CT-NHNN dated 01 March 2011 of the Governor of the State Bank on implementation of key solutions of focusing on inflation restraint, macro-economic stability and ensuring social security; the State Bank of Vietnam hereby requires credit institutions and foreign bank’s branches (hereinafter collectively referred to as credit institutions) as follows:

1. To prepare a plan and observe the credit growth rate at less than 20% in 2011 (including the price adjustment factor) under the Resolution No. 11/NQ-CP. Credit extension as provided for in Paragraph 14 Article 14 of the Law on Credit Institutions shall include such operations as lending, discount, finance leasing, factoring, bank guarantee and other operations of credit extension.

On the basis of the annual 2011 credit growth plan, credit institutions shall prepare and observe credit growth plan for specific quarters; assigning the both annual 2011 and quarterly credit growth plans to their Branches (Transaction departments), at the same time sending to the State Bank’s branches in provinces, cities where the Branches (Transaction departments) operate for performance of state management function to the local credit activity.

A report on several norms of the 2011 business plan shall be sent to the State Bank of Vietnam (Monetary Policy Department) prior to 22 April 2011 in accordance with the forms attached to this Official Dispatch.

2. To reduce the rate and proportion of loan to non-production areas and apply the required reserve ratio in line with provisions in Point b Paragraph 2 of the Directive No. 01/CT-NHNN:

- Providing loans to non-production areas shall include: loan, discount of valuable paper for securities investment and dealing; loan for real estates investment and dealing; loan to capital demand for serving life, loan through the issuance and use of credit card (collectively referred to as consumer loan).

- A report on loan to non-production areas shall be sent to the State Bank of Vietnam (Monetary Policy Department) on the 12thof the month following the reporting month at the latest in accordance with 04 forms attached to this Official Dispatch (contents of these forms are in accordance with provisions of the State Bank at the Circular No. 21/2010/TT-NHNN dated 08 October 2011 providing for the statistic reporting applicable to units of the State Bank and credit institutions, foreign bank’s branches and the Circular No. 12/2010/TT-NHNN dated 14 April 2010 on guiding the credit institutions to provide VND loan to their customers at agreement interest rate).

- In the event where by 12 July 2011 and 12 January 2012, the State Bank has not received fully reports on loan to non-production areas of June and December 2011, it shall determine the proportion of outstanding loan to non-production areas according to the outstanding loan data of May and November 2011 as a basis for applying the required reserve ratio in conformity with provisions in Point b Paragraph 2 of the Directive No. 01/CT-NHNN.

Name of CI:……………

Report on several norms of the 2011 business plan

Unit: VND billion, %

I­nstructions to the preparation of report:

1. Norm 2: shall include deposits of entities and non-residents, deposits of overseas banks, loans from foreign banks

2. Subject of application: Credit institutions and foreign bank’s branches (excluding local People’s credit funds)

3. Report recipient: Monetary Policy Department – SBV (email:phongcstd@sbv.gov.vn; fax: 04. 38246953)

4. Reporting time: On 22 April 2011 at the latest

5. To state full name and phone number of the drawer for answering details of the report

6. In the implementation, if there is any difficulty, please to contact via following phone numbers: 04. 38246955/04. 38259158

Name of Credit Institution: ……………………….

Form 1:report on the result of lending, discount of valuable paper for securities investment and dealing

Unit: VND billion, %

I­nstructions to the preparation of report:

1. Norm of outstanding loan in item I = (1) = (2)

2. Subject of application: Credit institutions and foreign bank’s branches (excluding local People’s credit funds)

3. Report recipient: Monetary Policy Department – SBV (email:phongcstd@sbv.gov.vn; fax: 04. 38246953)

4. Reporting time: On a monthly basis, on the 12thof the month following the reporting month at the latest

5. To state full name and phone number of the drawer for answering details of the report

6. In the implementation, if there is any difficulty, please to contact via following phone numbers: 04. 38246955/04. 38259158

Name of Credit Institution: ……………………………

Form 2:Report on loans to real estates investment, dealing
(Month ……. year …….)

Unit: VND billion, Percent

I­nstructions to the preparation of report:

1. Norm of outstanding loan in item I = (1) = (2) = (3)

2. Subject of application: Credit institutions and foreign bank’s branches (excluding local People’s credit funds)

3. Report recipient: Monetary Policy Department – SBV (email:phongcstd@sbv.gov.vn; fax: 04. 38246953)

4. Reporting time: On a monthly basis, on the 12thof the month following the reporting month at the latest

5. To state full name and phone number of the drawer for answering details of the report

6. In the implementation, if there is any difficulty, please to contact via following phone numbers: 04. 38246955/04. 38259158

Name of Credit Institution: ………………..

Form 3: Report on consumer loan

Month …. Year….

Unit: VND billion, %

I­nstructions to the preparation of report:

1. Subject of application: Credit institutions and foreign bank’s branches (excluding local People’s credit funds)

2. Report recipient: Monetary Policy Department – SBV (email:phongcstd@sbv.gov.vn; fax: 04. 38246953)

3. Reporting time: On a monthly basis, on the 12thof the month following the reporting month at the latest

4. To state full name and phone number of the drawer for answering details of the report

5. In the implementation, if there is any difficulty, please to contact via following phone numbers: 04. 38246955/04. 38259158

Name of Credit Institution: ………………………….

Form 4. report on the ratio of outstanding loan to

non-production areas under the Directive No. 01/CT-NHNN dated 01 March 2011

Month … Year…..

Unit: VND billion, %

I­nstructions to the preparation of report:

1. Subject of application: Credit institutions and foreign bank’s branches (excluding local People’s credit funds)

2. Report recipient: Monetary Policy Department – SBV (email:phongcstd@sbv.gov.vn; fax: 04. 38246953)

3. Reporting time: On a monthly basis, on the 12thof the month following the reporting month at the latest

4. To state full name and phone number of the drawer for answering details of the report

5. In the implementation, if there is any difficulty, please to contact via following phone numbers: 04. 38246955/04. 38259158